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20121204
20121204
Search Results 0 to 12 of about 13 (some duplicates have been removed)
in washington yesterday from all over the country. i said i will give any of your million bucks if you get some new what the republican message was in 2006. i kept my money. i give you a dollar if you continue with the republican message was in 2010. all about puuhing back against excessive interests of expansive expensive government over reached in the guise of tarp and stimulus and obamacare. here we are again. they know who they are. >> a party of social issues cannot make its of a party of economics. they are completely stuck in the middle, and obama holds the cards. if they take the wrong but they lose and if they take the right pose the lose. of their patriotic into what is right they lose. very difficult position to be in >> but you are admitting that this is about tactics. [talking over each other] >> i am not a brain surgeon. i am a political person. that's what i do. lou: i love it when you are modest. >> modesty becomes you. this is where i think republicans have an opportunity to lead. they need to be clear, concise, and say -- lou: if i made, who in the republican party is capable
a double whammy if we go over the cliff. what compromises he'd love to see come out of washington, and how he believes they could reach them. this is a guy who deals with the democratic senate, so, really, he knows how to cross the aisle to make it happen. david: somebody else you know about, with all the talk about tax increases, the idea of a simple flat tax dead? we'll see. forbes doesn't think so. there's a news conference along with washington lawmakers to push for the flat tax. he joins us later this hour. liz: first, what drove the marketings for today's data download. stocks ending lower, struggling for direction most of the day, unable to hold gains trading lower. i think it was 79 times. health care and industrials were today's top performing sectors and telecomo lagged. the euro extending the gains versus the dollar, rallying to a near seven week high against the green back after greece announced its debt buy back terms. euro rose to a $1131. that's high historically. action in the metals. silver, platinum, all sinking more than 1%. silver was today's biggest loser dropping near
in washington for jpmorgan chase. the probe covers $5.8 billion in losses. it is caused by the london whale, a trader that got a reputation for big bats with complex financial investments. the wide net that the subcommittee appears to be casting will not necessarily lead to any formal charges against the bank, any formal hearings on the trading losses or any scathing reports. senator carl levin, the chairman of this subcommittee, criticized the bank in may when it announced this law saying it "made a very big and complicated that that now has gone very wrong." he is now one of the sentence leading critics of wall street. they did not comment on our story today. if a probe generates any substantive results, that could mean war headaches for ceo jamie dimon. it has been investigated whether -- that issue as well as the bank's internal controls oversight of traders and other matters could be among the subjects of the subcommittee's probe. melissa: peter barnes, thank you so much. lori: breaking news out of egypt. thousands of protesters ready to march on the palace to protest president morsy.
in washington. we are spending currently a trillion dollars more than we are bringing in. this president under his first four years increase the size of our federal government spending by 25 percent, and now he's asking for more stimulus money. unfettered control. this really is a hostage situation, and this is not what the american people need. we have 25 million americans looking for jobs, searching for jobs. we don't need to add additional taxes. gerri: covers woman, look. the american public is going to blame your party, the republicans, some 53 percent say of the fiscal cliff happens, every fall over the edge republicans are to blame. how do you square that? is a year on the right side, trying to do things. yet the public certainly does not see your effort. >> i think one of the things that is so difficult for me is that the media cannot not talking about you in particular. the general media has fallen into this rabbit hole of only talking about this one issue. if we were to give the president what he wants, the panacea. that is the pitfall of our problems. it only funds government for ei
still does not give washington to give up some bank. 42 needed millions dollars for hurricane sandy relief. similar requests likely coming from governors in new jersey and connecttcut. who all together want this all too dumbing figure in post hurricane help, a hundred billion bucks, i don't know if they get all of it, but i think they get most, here is why americans, have big hearts, folks need help. they need a lot, many still without power, and without homes and without patience or hope, something needs to be done. judging from the back slapping help politicians, the government is still the one to do it but is it? think about it. if the road to virtue were paved with billion dollar bills then everyone in washington would be the pope, news flash, they are not, they are not good as getting bang for their buck. think of all those gas taxes that were to pay for those bridges, or tolls of no bridges to pay for fixing those bridges, and highways. think about that social security lockbox. no box, no lock. and millions in lottery ticket to go to education to make our kids smarter, today,
for our state and finances. we are not elected to fix all the problems in washington. the president and the members of congress are here to do that. we are here to offer resources. [inaudible question] >> in our case, we talked about this just the other day. we felt it was imperative for us to focus on things republican and democratic alike. [inaudible question] connell: live coverage from the white house. the last speaker was scott walker. talking about the relationship between the local governments and the federal government over this fiscal cliff situation. our next guest is here to say, our point is, we need the government out of the markets and we need to get them out now. he is in d.c. today. what does that mean, you need to get the government out of the markets? >> you know the solution. they have to compromise. cut spending, cut entitlements and increase tax. that is the bottom line. there is just too much affecting this market. the word on the street is, by boehner, so read. we have to get the government out of the market. connell: you can see where the compromise could hap
on this important issue. >> one thing we want to make sure people in washington understand is if all that is done is a cost shifting from the federal government to the state, it doesn't accomplish much because states are not in a position to pick up the extra costs. >> speaking as governor of the stage we execute. we have to get things done. unfortunately congress doesn't. they can throw rocks at each other and leave it for another day and kick the can down the road. governors have to get things done today. we would hope congress will watch the governor's listen to the states. i think we can help him find compromise. liz: governor mark l. will be on neil cavuto tonight at 8:00 p.m. eastern. you cannot miss that interview. see what he has to say about today's trip to the white house. he does amazing interviews with these governors. you got to hear what he has to say. the fear of falling over the cliff real if you with a look at the chart of the fear index, you might not think so at all. it is incredibly low but market players and insiders are already making trades in advance of something aaron nex
to keep digging. pick your poison. -ither way this great country is dead. call it the washington inquisitions. we are getting ripped apart. tomorrow the governor that disagrees and pat buchanan who fears even worse than i do. rip up. fair and balanced. gerri: tonight broken promises. the government has let small business owners feeling forgotten. one is here with her story. and your shopping questions answered. consumer reports' annual money in nuys list. welcome to "the willis report." ♪ gerri: hello, everybody. i'm gerri willis. a bold counter ofer to president obam on the fiscal clef. the new plan contains 800 billio in new taxes, half of what t president was looking for. more importantly, the gop plan keep tax rates the way they are now. we kw that is a deal mker for the tie-breaker for the presidents. joining me now, theman some democrats blame for the fiscal cliff impasse, grover norquist, president of americans for tax reform. and the many ands a finger to about fixing it, michael reagan, founder of the reagan group. i wantto start with the republicans plan that they put
deduction on charitable contributions. here's what fred hyatte wrote in the washington post. overwhelmingly the deduction benefits the wealthy and the rest of the country has to make up the gap. of course it helps the wealthy, but it does a lot more good for the charities and the people they benefit, doesn't it? how much would worthy charities be hurt if the deduction was limittd? we will ask the head of the charity navigator on this program today. that's at 10:33. the charitable deduction discussed here. did you ever text something that you wish you could delete forever? yes, i have. new at 10:00, for you right now, local police want a law requiring text messages to be saved for two years. all rise, the judge is here. by the way, look at page 278 of this book, theodore and woodrow, how two american presidents destroyed constitutional freedom which is -- okay, okay. >> is that the only page worth reading, page 278? stuart: as a matter of fact is. [laughter] >> you're a literary critic now. stuart: this is a privacy issue, isn't it? >> sure, it is a privacy issue. it is pretty unusual that t
. the 10-year projections. when was last time in washington 10-year spending projections actually came in at or below what the projections were meant to be? it never happens. same is true on the revenue side with taxes. i think the numbers we're laying out here are probably the quote, unquote best-case scenario in terms of what could actually happen. just in terms of the pure math. not in terms whether or not it is good policy, just in terms of pure math. one reason going over the cliff looks more attractive in terms of bottom line numbers because there is that huge tax number. now, there are all sorts of reasons beyond that --. melissa: why is that, to raise that much revenue and give it to the government? i don't understand why that is appealing? >> it is not appealing to me. melissa: okay. >> it would be ap peeling from a math perspective because the number is bigger. but the problem is, the number won't be that big no matter what happens. you can talk about dynamic scoring. look at different ways revenue won't be revenue it is projected to be. you're talking about something that wo
Search Results 0 to 12 of about 13 (some duplicates have been removed)